Producers’ industrial output, capacity utilization increase

Jan 18, 2013 | 02:30 PM | Corinna Petry

Tags  industrial production, capacity utilization, metals industry, iron ore, steel, scrap, metallurgical coal, metals shipments new orders

CHICAGO — The U.S. primary metals industry logged both industrial production index and capacity utilization gains in December, rising by 2.8 points and 2.1 points, respectively, from November, according to data from the Federal Reserve Board.

Activity levels among regional steel, scrap, metallurgical coal and iron ore producers were mixed last month, the Fed said Jan. 16 in its Current Economic Conditions report.
Metal fabricators had a capacity utilization rate of 83.4 percent in December, down slightly from 83.6 percent a month earlier, while the production index was unchanged at 94.3.....

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